08:59 AM EDT, 10/15/2024 (MT Newswires) -- Financial stocks were advancing premarket Tuesday as the Financial Select Sector SPDR Fund (XLF) recently rose by 0.8%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% lower.

Charles Schwab ( SCHW ) shares were over 9% higher after the company beat Q3 adjusted earnings and revenue expectations.